Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
500 PARK Avenue #PH40
Active For Sale Condo

$15,000,000

$1,653 per sq ft

500 PARK Avenue #PH40

Midtown East, Manhattan

500 Park Avenue Tower Condo

MLS® #RLS20071581

RLS at REBNY

Listing by Douglas Elliman Real Estate

7

Bedrooms

5.5

Baths

9,072

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 7
Bathrooms 5 full, 1 half
Living Area 9,072 sq ft
Year Built 1959
Ownership Condo
HOA/Common Charges $16,682/mo
Neighborhood Midtown East
Floor 39 of 40

Property Highlights

  • Views: City, Park Greenbelt
  • Fireplace: 1 fireplace
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 17
Baths 4 Full, 1 Half
Floor 39 of 40
View City, Park Greenbelt
Cooling Other
Pets Yes
Year Built 1959
Living Area 9,072 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01294/0037

Description

A townhouse in the sky-where Manhattan unfolds in every direction.

Perched at the crown of the city, this extraordinary penthouse is defined by a spectacular planted entertaining terrace-an outdoor room in the sky-while the residence itself enjoys four distinct exposures, capturing light, skyline, and cityscape from every side. Sunrises, sunsets, Central Park, Midtown-every view, every hour, completely yours.

Spanning two full floors, the home has been thoughtfully curated to feel fluid, warm, and livable-an elegant counterpoint to the pace of New York below. Oversized picture windows frame sweeping vistas, while gracious public rooms transition effortlessly into more intimate private spaces, anchored by the terrace as the home's emotional and architectural centerpiece.

Living & Entertaining Level

The lower level unfolds as a sequence of expansive yet welcoming entertaining rooms, all bathed in natural light. The corner living and dining rooms are positioned to capture dramatic north and west city views, with Central Park stretching into the distance. A richly appointed library and study open directly to the terrace, creating a rare indoor-outdoor rhythm ideal for both large-scale entertaining and quieter moments.

The kitchen and adjacent breakfast and media rooms are designed for ease and flow, supporting both formal gatherings and everyday living without interruption.

Private Bedroom Level

The upper level is dedicated to private living, offering exceptional separation, scale, and privacy.

Primary Suite: Occupying its own secluded wing, the primary bedroom enjoys open northeast exposures, welcoming morning light and tranquil skyline views. Dual dressing rooms and spa-like baths are thoughtfully oriented to preserve privacy while maintaining a sense of air and calm.

Additional Bedrooms:

Two corner bedrooms are positioned to capture sweeping north and west views, each with fireplaces and an unmistakable sense of scale.

Additional bedrooms and sitting rooms are oriented along the south and east, benefiting from consistent light and expansive city vistas throughout the day.

Together, the bedroom wings create a true residential experience-quiet, private, and intentionally removed from the entertaining spaces below.

Set atop the iconic 500 Park Tower, a white-glove condominium offering full service and discretion, this residence combines architectural pedigree with a rare sense of openness and serenity. Perfectly positioned at the intersection of the Upper East Side and Midtown East, it offers immediate access to Central Park, world-class dining, shopping, and effortless walkability.

This is not simply a penthouse.

It's a horizon-level home-where New York feels expansive, calm, and entirely yours.

Features & Amenities

Interior Features

Building Other Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Building 500 Park Avenue Tower Condo
Total Units 53
Stories 40
Structure HighRise

Financial Details

Common Charges $16,682/mo

Midtown East is a dynamic hub that serves as the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and charming side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

203

Median Asking Price

$1.95M

Median $/Sqft

$1,843

Avg Days on Market

N/A

New This Week

2

Price Reduced

27%

Sold (30 Days)

6

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 2/15/26, 9:12 PM EST

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Location

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500 PARK Avenue #PH40, Midtown East, New York County

MLS® ID: RLS20071581
First Listed: 2/11/2026
On Market: 2/11/2026
Price Changed: 2/11/2026
Contract Date: 2/11/2026

Listing Courtesy of Douglas Elliman Real Estate - Frances W Katzen

Listing Contact: (917) 705-1864

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 2:12 AM UTC

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